NASDAQ:STX
Seagate Technology (STX)
Financials 
Technical Analysis 
May 28, 2026, 12:00 amThis summary was created by AI, based on 5 opinions in the last 12 months.
Seagate Technology (STX-Q) has garnered mixed reviews from experts amid strong demand for memory storage and rising share prices. Some analysts criticize the stock's high price-to-earnings (PE) ratio, suggesting it is overpriced at 50x 2027's PE, while others note the company has significant pricing power due to ongoing storage shortages. Recent performance has been impressive, with shares surging by 11% and 19% on positive outlooks, pushing STX up 25% this year. However, there are concerns about its ability to maintain this momentum during the upcoming earnings report, as it has already shown a remarkable 63% growth. Overall, mixed sentiment prevails regarding whether the stock can maintain its rally or if its valuation provides a risk to investors.
Just bought this for the first time. AI is driving a new refresh cycle in PCs. Also, we haven't upgraded PCs in 4-5 years. Dell just said their PC business was up 3% instead of the expected -2%. HPQ will see growth in the second half of this year, for the first time in 2 years. Also, AMD said last Sunday that their AI PC chips are 5x the speed of existing chips. Seagate leads this sector. Gross margins are poised to go higher. Margins could expand 1,000 basis points year over year. They have pricing power and volumes are rising. She might be early on it, but that's fine.
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Seagate Technology (STX) Frequently Asked Questions
What is Seagate Technology stock symbol?
Seagate Technology is a American stock, trading under the symbol STX (previously STX-Q on Stockchase) on the NASDAQ (STX). It is usually referred to as NASDAQ:STX or STX
Is Seagate Technology a buy or a sell?
In the last year, 5 stock analysts published opinions about STX (previously STX-Q on Stockchase). 4 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Seagate Technology.
Is Seagate Technology a good investment or a top pick?
Seagate Technology was recommended as a Top Pick by The Panic-Proof Portfolio (Stockchase Research) on 2021-04-15. Read the latest stock experts ratings for Seagate Technology.
Why is Seagate Technology stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
Is Seagate Technology worth watching?
5 stock analysts on Stockchase covered Seagate Technology in the last year. It is a trending stock that is worth watching.
What is Seagate Technology stock price?
On 2026-05-28, Seagate Technology (STX) stock closed at a price of $881.58.
Too pricey at 50x 2027's PE.